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/kˈəstəmz jˈunjən/ Listen

Customs union

noun

An association of nations to promote free trade within the union and set common tariffs for nations that are not members.

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Etymology of 'Customs union'

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"Customs union" Quotes from Famous Books

... together, while the foreign trade of Bremen is about one fourth that of Hamburg. BREMEN, like Hamburg, was for centuries a free port of entry, but in 1888 both Hamburg and Bremen gave up in great part their free port privileges and entered the general customs union of the empire. Both cities were extremely loath to give up their ancient unique commercial privileges, for they feared an immense loss of trade in doing so, but it was hoped that what they lost in foreign ...

— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... activity of extremists, too radical to be taken seriously. Coupled with this plan, as an instrument of economic consolidation, the German officials used with only slight modification the system of customs union expansion which aided Prussia in former years to extend her domination over the other German States now making ...

— Kelly Miller's History of the World War for Human Rights • Kelly Miller

... Boers of South Africa still dream of the day when the two Republics of the Orange and the Transvaal, at first connected by a common customs union, will be consolidated in a single 'African Holland,' possibly even in a broader confederacy, comprising all the Afrikanders from the Cape of Good Hope to the Zambesi. The Boer families, grouped in every town throughout South Africa, form, collectively, a single nationality, despite ...

— Native Races and the War • Josephine Elizabeth Butler

... prevented from carrying the Vier-kleur beyond the Limpopo; the railway, drawn through the Free State by the magnet of the Rand, disturbed the retirement of the republican Dutch; and finally the Cape Colony and Natal were linked together with the Free State in a Customs Union. But the development of the mineral resources of the country led to the appearance of a new factor in South African politics. The comparative decline in the activity of the High Commissioner had been accompanied by the establishment and growth of ...

— Lord Milner's Work in South Africa - From its Commencement in 1897 to the Peace of Vereeniging in 1902 • W. Basil Worsfold

... arable - and most food has to be imported. The principal livestock activity is sheep raising. Manufacturing output consists mainly of cigarettes, cigars, and furniture. Andorra is a member of the EU Customs Union and is treated as an EU member for trade in manufactured goods (no tariffs) and as a ...

— The 2002 CIA World Factbook • US Government